Deloitte named a global leader in Next-Generation Sourcing Strategy Consulting by Kennedy

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New York, NY, 2 February 2016 – Deloitte Touche Tohmatsu Limited (DTTL) is pleased to announce that Kennedy Research has named Deloitte member firms (Deloitte) a global leader in Next-Generation Sourcing Strategy Consulting by Kennedy. The report entitled Sourcing & Procurement Consulting: Next-Generation Sourcing Strategy 2015, notes that “next-generation sourcing strategy consulting is growing at rates that outpace the broader supply chain operations competency, driven by companies with relatively mature procurement operations that are reacting to the current external market.”

Specifically for Deloitte, Kennedy notes, “Deloitte possesses the broadest capabilities in the competency area. The firm stands out in the more tactical and operational areas of spend and supply strategy and financial strategy. An early convert to digitization, Deloitte positions digital analytic tools at the center of the service delivery model. Notable examples include its optimal footprint tool for global sourcing, suite of design-for-value models and templates, and value-based DesignSite diagnostics.”

"More than ever before, clients are experiencing increasing challenges as their businesses evolve to meet shifting consumer demand" said James Gregson, Deloitte Consulting (US)'s Regional Sourcing & Procurement Leader for the EMEA Region. "As a consequence, Procurement leaders are increasingly striving to flex their organization’s alignment and focus to drive speed-to-market and increased top-line benefits. Kennedy’s assessment and recognition of Deloitte’s investments in next-generation capabilities is a great honor, as it acknowledges a pivotal shift in the expectation of Spend Management Organizations to support broader supply chain and operations innovations."

The Kennedy Vanguard™ of Next-Generation Sourcing Strategy Consulting Providers assesses organizations in terms of their relative breadth and depth of sourcing strategy consulting capabilities. The report lays out the opportunities and challenges for Next Gen Sourcing Strategy Consulting providers focusing on market trends, client spending forecasts, and the provider landscape.

Additional Findings

“Deloitte organizes sourcing strategy services through the Sourcing and Procurement arm of its Operations consulting practice and coordinates its offering through a network of four global centers of excellence charged with ensuring consistent service delivery across regions.”

“One, for global sourcing, the firm seeks to capitalize on its global network and locally based resources to contribute a perspective on distinct supply markets.”

“Two, to help clients better manage direct spending, the firm aims to apply deep industry sector expertise supported by an optimal footprint tool that covers 200 spend categories across 90 countries to inform make-versus-buy and sourcing decisions. To better manage raw material direct inputs, the firm uses a proprietary commodity management framework designed to link contracting and the use of financial instruments to a commodity strategy. These efforts are supported by a dedicated commodity volatility center of excellence in India that houses predictive analytics modeling capabilities.”

“Three, to help clients optimize rather than simply cut costs, the firm embeds sourcing in a broader supply chain approach through a portfolio of design-for-value offerings, including the proprietary DesignSight tool that pulls from enterprise resource planning and product lifecycle management systems to inform product and component rationalization, design-based cost visibility, supplier performance and category priorities.”

As used in this press release, “Deloitte” refers only to the DTTL member firms.

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. Please see www.deloitte.com/about for a more detailed description of DTTL and its member firms.

Deloitte provides audit, consulting, financial advisory, risk management, tax and related services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 150 countries, Deloitte brings world-class capabilities and high-quality service to clients, delivering the insights they need to address their most complex business challenges. Deloitte's more than 225,000 professionals are committed to making an impact that matters.

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. Please see www.deloitte.com/about to learn more about our global network of member firms.